Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Alistair Berg / Getty Images A triangle chart pattern is a tool used in ...
There are two types of triangles: symmetrical and ascending. The ascending triangle is also called a bullish or rising triangle when the uptrending price action forms the shape. Conversely, the ...
Correctly identifying and subsequently trading the triangle chart pattern has benefitted many technical forex traders. The triangle pattern is traditionally categorized as a continuation chart pattern ...
The triangle pattern is believed to be one of the most reliable & popular because its post pattern implications are faster than others. In the study of technical analysis, triangles fall under the ...
We’ve looked at reversal patterns (head and shoulders pattern and inverse head and shoulders pattern). In this lesson, we cover continuation patterns, specifically the symmetrical triangle pattern.
Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and finance industries for more than 20 years. Her expertise covers a ...
Ascending triangle is a bullish continuation pattern, typically regarded as a healthy correction for long-term market trends. Recognising the pattern and breakout can aid a trader in looking for good ...
Continuing with the classic chart patterns, we will be discussing Triangles. There are three types of triangles - Ascending, Descending and Symmetrical Triangle. An Ascending Triangle is a bullish ...
Anish Singh Thakur is CEO, Booming Bulls Academy. As the stock exchange accommodates new investors every day, the stark gap between the seasoned players and the neophytes often starts to get exposed.